Power Saving Bonus (PSB) – We’re here to help!

Assisting our community with the $250 Power Saving Bonus

KNLC is an official community outreach provider for the State Government’s $250 Power Saving Bonus.

We are assisting community members to receive this one-off payment to help ease energy bill stress, and to help them seek out a better energy deal. This is a FREE service and only takes 10mins. The payment is available to ALL Victorian households.

What is the $250 Power Saving Bonus?

The $250 Power Saving Bonus is a one-off $250 payment for Victorian households to help ease cost-of-living pressures and encourage them to compare energy offers and save money.

Who is eligible for the Power Saving Bonus?

To be eligible, you must meet the following eligibility requirements:

  • You must be a Victorian residential energy consumer (i.e. have a residential electricity account)
  • You must be the account holder

How will it be paid to me?

When you submit your application online, you will be able to choose between receiving your payment via EFT (electronic transfer into your bank account) or cheque.

How many people per household can apply?

Only one payment is available to each household – the account holder.

When can eligible households apply for the $250 Power Saving Bonus?

The next round of the $250 Power Saving Bonus is scheduled to commence on 24 March 2023.

I am a concession card holder who received the previous Power Saving Bonus before 1 July 2022. Can I apply again?

Yes you  can

How do I apply for the bonus?

Applications are made online. If you do not have access to, or are uncomfortable using technology, get in contact with us 9853 3126

What do I need for the application process?

When you come to us to submit your application, there are a few things you need to bring with you:

  • a copy of a recent electricity bill
  • your ‘NMI’ number (this is located on your bill and is typically a 10 or 11 digit number)

Be sure to keep a copy of your NMI and your application reference number as you may need this information for further communications about your application.

How long does it take to receive the Power Saving Bonus?

If you meet the eligibility and documentation requirements, you should receive your $250 payment via Electronic Fund Transfer (EFT) within two to three weeks of submission. If you request payment via cheque, this should be received within four weeks.

We are offering a drop in service the first and last Tuesday of the month between 9am-12pm to help with completing the PSB form.  Need help registering for the  Sick Pay Guarantee programfollowing the link 👉 https://kewnlc.org.au/sick-pay-guarantee/